Trump, Liberation Day
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Trump has repeatedly called April 2 "Liberation Day."
From USA TODAY
U.S. President Donald Trump has for weeks pegged April 2 as a "Liberation Day" to impose an array of new tariffs that could upend the global trade system, but has provided few details.
From Reuters
European Commission President Ursula von der Leyen warned that the tariffs will deal a major blow to the world economy and be "dire for millions of people around the globe".
From BBC
Read more on News Digest
President Donald Trump has declared Wednesday what he's dubbed as “Liberation Day," but what does that mean and how could it impact you?
President Trump has been promising new "reciprocal tariffs" to punish other countries for their tariffs and trade barriers. Markets are nervous that a trade war could hike prices and hurt the economy.
The U.S. dollar is down 6% versus the euro so far in 2025, which means European vacations are unlikely to be a bargain this summer.
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